Legal
Privacy Policy
How BestPropFirms.com collects, uses, and safeguards your personal information.
This Privacy Policy sets out:
- Methods of collecting, using, and disclosing personal information by Compare Prop Firms Pty Ltd (ACN 605 274 324) (Best Prop Firms); and
- Dedication to safeguarding privacy of personal information obtained via the website (Site) or provided by users – individual or organization – that engage with the Site.
Data collection, usage, and processing is legally based on user approval of terms. Upon accessing the Site and supplying data, users verify they have read, comprehended, and consented to this Privacy Policy. If users choose not to provide personal information, they are free to decline, though this may affect Site usage and available products and services.
The Site is monetized by driving traffic to prop trading firms through data collection, including analytics via cookies and other technological solutions. The Site does not ask users for personal information initially, though the policy may be amended if such requests are made in the future.
Security of Data
Best Prop Firms highly values privacy and has secured the Site with an SSL licence.
Personal information is handled with care and safety following the Australian Privacy Principles contained in the Privacy Act 1988 (Cth) (Privacy Act).
Contacting Us
For service concerns, contact via email. For Privacy Policy concerns or Site data usage issues (including cookies), reach out to the Data Protection Officer via email. Contacting may require identity verification for protection of both parties.
Collection of Information
Information may be collected from Site usage, including name, device ID (Android or iPhone details), device location, birthdate, email address, service or product interests, and other requested data via contact forms.
Personal Information
Personal Information collected may include:
- Name
- Email address
- Device identification details
- Location
- Trading practices
- Distinct trading data
- Any other data requested on Site or supplied by user
Information You Provide
Information supplied by users includes:
- Clickstream Data
- Location
- Device identification details
- Distinct trading information
- Trading practices
This information is gathered through Site interaction, staff engagement, surveys, or marketing advertisements.
Information We Collect
Best Prop Firms collects information on users and Site usage, engagement with the Site and marketing, plus specific device information used to visit the Site and Service. This information includes:
- Site interaction
- System engagements (text messaging, emails, push notifications)
- Staff engagement particulars (data, time, reason for contact)
- Device IDs or other identifiers
- Cookies and online marketing data collected via cookies, web beacons, and similar automation
- Device and software features (variety and formatting), connection data, page view statistics, directing source (referral URLs), IP address (general location identification), web browser, and web server log information
Your Use of Our Services
Like other online businesses, the Site keeps information on service access and usage, including overall Site usage, browser type, device operating system, and Internet service provider domain name.
Views and comments may be requested through voluntary surveys, questionnaires, or market research. Providing responses is entirely optional.
Information from Other Sources
Best Prop Firms may obtain information from further sources, including data from Prop Firms (as stated in Terms and Conditions) and publicly available resources. This information is secured under the Privacy Policy.
For example, when accessing Prop trading websites, that firm may relay information to Best Prop Firms (which may include commission purposes).
Collection and Use of Personal Information Services
Information is collected and utilized for the following purposes:
- Internal record storage
- Market analysis and company development, including website development
- Marketing
- Conducting promotions or offering other benefits
- Data analytics objectives
- Improving Service and products for user appropriateness
- Improving Site functionality
- Optimizing content preference, recommendation algorithms and presentation
- Handling internal company functions and procedures
- With user consent (revocable by email), computerized decision-making in processing personal data for offered products or services (manual review of accuracy may be requested anytime)
Sensitive Information
Best Prop Firms generally does not collect sensitive information as expressed in the Privacy Act, such as ethnic or racial information, political views or affiliations, criminal histories or health records.
Unsolicited Information
If unsolicited information is received, Best Prop Firms will decide within a reasonable period whether collection is allowed. If collection is not permitted, the information will be eliminated or de-identified as soon as achievable. Otherwise, the information may be kept under policy terms.
Anonymous Information
Anonymous information is gathered to:
- Supply aggregated analysis to Prop Firms
- Scan Site usage
- Assist in recognizing Site improvement areas
- Provide applicable data and services to as many users as possible
Use of Data for Marketing
Direct promotional materials – including exclusive offers and information about the Site and Service – will only be mailed to users who have expressed consent.
Transfer of Information
By using the Service, users approve of information sharing with Prop trading firms where required for service conditions.
To safeguard Personal Information shared with Prop trading firms, Best Prop Firms will have agreements with said firms mandating due protection. If required by law, Best Prop Firms may share information to deter illegal activities and defend third-party claims.
Transfer of Information Outside Australia
Best Prop Firms may transfer Personal Information to related entities, Prop trading firms, and third-party service providers located in Australia or overseas (including USA, UK, Europe or Asia).
Personal Information may also be transferred to service providers maintaining data on cloud computing systems; servers may be based outside Australia. Sufficient measures will be taken to guarantee Personal Information protection following Privacy Principles, the Privacy Act, and policy directives when data is divulged to overseas recipients or kept on overseas cloud computing systems.
Links to Other Websites Including Prop Firms
The best forex prop trading firms page contains links to Prop firm sites and regulatory bodies.
Best Prop Firms has no control over these third-party websites. To the greatest degree possible, following applicable laws, Best Prop Firms will not be held responsible or accountable for linked apps or websites not controlled or owned by the company, including their content, app usage, or privacy rules. Links to third-party websites are provided for clicking. Third-party software (such as analytics) may track clicks to record activity on these websites, including account setup with prop trading firms.
Information We Do Not Collect
Best Prop Firms does not collect information concerning:
- Ethnicity or race
- Political views
- Religious or philosophical convictions
- Trade union memberships
- Biometric data
- Health records
Storage and Security
Best Prop Firms is highly committed to protecting Personal Information. The company upholds guidelines set by the Office of the Australian Information Commissioner concerning suitable software security and information management and relevant processes to properly protect Personal Information from misuse, loss, modification, disclosure or unauthorized access.
Cookies
Cookies are small text files set on hard disk, permitting servers to recognize and engage more efficiently with Devices or computers, and are often used on several websites. Cookies may be used to recognize users and enhance Site usage. For instance, a cookie may prevent repeating certain previously typed registration form information. Users can decide how cookies will be used by adjusting browser options and preferences. Rejecting cookies may affect Site and Service interaction experience. Cookies may contain user information linked to stored data. Best Prop Firms will gladly assist if users request cookie or web beacon removal.
Web Beacons
Web beacons or clear gifs are tiny code pieces placed on web pages to collect visitor movement and interaction data. Collected data may include figures of users visiting pages or delivering cookies to visitor browsers while viewing particular pages. Web beacons may be occasionally utilized on the Site with Google Analytics, Facebook Pixels and other similar code. Google Analytics, Facebook Pixels and equivalent codes track and analyze site visitors and understand performed interactions.
Geotracking
To provide Service, geotracking or other geolocation technology may be utilized with user consent. Geo-tracking may be used to personalize seen content and deliver more suitable user experience. Geotracking is intended to make Service beneficial to specific locations.
Links to Other Services
The Service may include links to other relevant websites. Best Prop Firms does not possess authority over those websites. To the greatest degree possible, following applicable laws, Best Prop Firms will not be held responsible or accountable for privacy and data protection when users provide information on these websites.
Access
Best Prop Firms ensures kept Personal Information is valid and updated. The company recognizes information frequently changes due to address changes and other personal events. Users wishing to access and modify provided Personal Information anytime should email the Privacy Officer. If duplicates of Personal Information (including sensitive information) are required, Best Prop Firms may set reasonable fees for administration and postage in complying with said requests.
Your Rights
Every Information Subject has the following rights:
- Access to kept data
- Notification – including notification about what, how and why information is processed and entities that may receive said information
- Data correction – including rights to have data altered or fixed
- Data erasure – including rights to request data deletion when consent is revoked, data is no longer required or data has been unlawfully processed
- Limiting information processing – including asking for temporary stops
- Retrieving information – including asking for any directly provided information via forms
- Objection – including demanding any additional Personal Information processing outside collection and processing grounds in automation, direct marketing, and profiling events
- Not being imposed on decisions based solely on automated processing
Controlling Your Personal Information
Providing Personal Information is optional. Users are free to decide against providing Personal Information. When Personal Information is provided, users approve policy terms and data sharing or acquisition for mentioned intentions. Supplying third-party Personal Information means users certify having necessary third-party consent. Users may decide to limit data collection or usage. If previously consenting to Personal Information use for direct marketing, users may revoke consent anytime.
Users may submit Subject Access Requests for held personal data. Once received, necessary information can be provided free of charge within 30 days of requests. If information inaccuracy is believed, contact via listed email. Best Prop Firms partly depends on users advising of Personal Information changes. Requests are handled within reasonable time. Best Prop Firms does best efforts to rectify information believed to be outdated, incomplete or false. For database or communications unsubscription, contact using listed details below.
Complaints
If believed that Best Prop Firms has not upheld commitment to manage Personal Information as described in the Privacy Policy, contact immediately via email. The company will reply and notify whether the complaint is agreed with. If disagreed, sufficient reasons will be provided. If agreed, appropriate action will be advised. If remaining unsatisfied after contact and providing reasonable reply time, contacting the Office of the Australian Information Commissioner is recommended.
Updates
Best Prop Firms will periodically review the Privacy Policy to consider new laws and technologies and any practice or operations change. Consequently, the company reserves rights to alter, revise, add or omit policy parts and will post revised policy on the Site. Email notification of changes will be sent if user email information has been provided. With continued Site use after Privacy Policy changes, users agree with applicable policy.
Definitions
For Privacy Policy objectives, terms include:
- "We", "our" and "us" refer to Best Prop Firms and its assignees, legatees, and appointed Data Controller
- "Clickstream Data" refers to server-collected data upon Site visits – including elements like location, system, browser, and traffic source (such as Google)
- "Data Controller" refers to Best Prop Firms
- "Data Protection Officer" refers to Justin Grossbard
- "Device" refers to any mobile phone, tablet, or other gadget that can run the Site or app
- "Held Information" means kept Personal Information concerning users, usage reasons, access sharing, automated decision usage, and information procedures
- "Information Subject" refers to persons whose Personal Information is collected by Best Prop Firms
- "Service" or "Services" refers to Site services, functions, usage, and content
- "Subject Access Request" refers to users requesting Personal Information access
Contact
For questions, concerns, or reactions about the Privacy Policy or data practices, contact via email at tegan[at]prop-firms.com.
Further Information
For additional Australian privacy law information, view the Federal Privacy Commissioner's website at oaic.gov.au.